BlackRock rolled out an AI research platform called Asimov, escalating the intelligence and analysis arms race on Wall Street.
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The Senate is set to vote this week on a bill that would introduce the first-ever regulatory framework for stablecoins.
The vehicles have seen $427 billion in inflows, outpacing the roughly $301 billion from last year, per Morningstar.
ISS, Glass Lewis face criticism from an oil giant engaged in a bitter proxy fight just as Congress renews scrutiny of advisory firms.
Retirement plan provider Empower is making private market investments available to participants with help from some Wall Street titans.
Millennials and advisors are leaning into nontraditional investments that help diversify their portfolios.
Invesco recently added several active ETFs to its product lineup, and PGIM is among those prepping a few more.
The platform’s business includes two trusts that house $5 billion worth of ETFs.
The US and China shocked the world in announcing a 90 day trade truce, turning weeks of uncertainty into a day of optimism.
Broker-dealers have a big problem with ETFs: A lack of revenue-sharing to support commission-based compensation.
ETFs attracted $58 billion in assets last month, the lowest since April 2024, according to Morningstar Direct.
The category of leveraged single-stock ETFs is growing quickly as issuers crank out risky products designed for day traders.
US Treasurys have long been safe havens during financial market upheaval. President Trump’s sweeping import tariffs made them more volatile.
Coinbase is acquiring Derebit for $2.9 billion in the crypto industry’s biggest ever deal as it spars with rival Kraken.
Little bitcoin remains to be mined, and the fixed supply may help prices to double this year, according to one firm’s target.
Anxious investors are looking for potential hedges during all the economic uncertainty and issuers are going to deliver.